General Electric GE Stock Analysis 12/15/09

GE Stock Chart - The following is technical analysis of General Electric ( GE ) stock for December 15, 2009

General Electric Co. Support & Resistance Levels - 12/15/09

Resistance Levels: $16.49, $16.87, $17.52

Support Levels: $15.50, $15

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General Electric Co. (GE) is back above the 10 day moving average but continues the sideways trading pattern. Resistance is located at $16.49 but the stock won't really start moving toward the upside until It closes above $16.87 from October. Support is located at $15.50. I plan to buy GE stock when it closes above $16.87.

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